A report going around says "studio shipment of DVDs fell 43.8% to 226 million discs last year". Some more numbers here.
Obviously, one would have thought, something needs to be done to prevent this industry to die! It shouldn't follow the steps of the
LaserDisc VHS. Governments should implement three strikes law to prevent people obtaining entertainment from other, nefarious means. Isn't that right?
Then we stumble to this:
"Consumers are now opting to sign up for streaming and-or rental services such as Netflix," analyst Wade Holden wrote. "They are using video-on-demand services more and more as they discover these services can be cost-effective." His study did not look at sales of Blu-ray discs.
According to the Digital Entertainment Group though, including Blu-ray and digital total home video spending was down 3.1%.
Could this be the case of one new technology killing the previous one? Even if it is, remember how the entertainment industry likes to scream about the CD sales going down, but never talk about the online sales?
It's always convenient to forget these things, so it's good to repeat: the study is just pointing out that one old technology is going out, two different technologies are replacing it. Nothing to see here.
Governments don't need to create new three strikes laws to protect the industry, thank you very much. Perhaps they should create laws for police to go looking for counterfeit operations, you know, the ones where some people actual profit in crime? And perhaps the entertainment industry should think of expanding digital offers instead?
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